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20130124
20130201
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CNBC 7
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Search Results 0 to 6 of about 7
CNBC
Jan 25, 2013 7:00pm EST
that looks better than you might think. and then on the political front, president obama's recess appointment to the nlrb declared unconstitutional. and louisiana governor bobby jindal calls republicans the stupid party. how about that? and then there is an unconfirmed scandal. i say unconfirmed. did senator bob menendez sleep with underaged dominican prostitutes? this is "the kudlow report" and we begin right now. >> all right. first up, our most optimistic story tonight, stock continue their bull run, the s&p 500 and dow closing in on their all-time highs from october 2007. brian shactman joins us now with all the details. good evening, brian and good work today. >> you touched on the s&p details having its best streak in terms of winning streaks days in a row in eight years but how about the dow. we're now 105 points shy of 14,000. eight components hit new highs today. beyond the five on your screen, utx, pfizer and p & g also doing it. now, speaking of history, historically life is good, larry, as you well know when the dow transports show leadership, up another 3% for the week. apple use
CNBC
Jan 24, 2013 9:00am EST
there is a risk that president obama wastes his political capital in the view of most americans? i mean, the rest of the world is here issing, climate change and carpet emissions in the inaugural speech but not what most americans seem most to care about. it's usually jobs and growth. >> it's difficult for me to analyze that, from a political perspective, but i will say this. i think what will be important here for investors, for taxpayer, for the american people generally, and i think even for folks around the world is how we deal with these issues, the sequences of them and if they see us working on tax reform, getting a bipartisan agreement there, working on reducing spending in a bipartisan way, i think the sequential of that before we get -- maybe get to some other issues might help a lot. >> senator, always good talk to you. i imagine we will talk a lot over the next few months. thanks again. >> thanks so much. >>> and we are keeping an eye on shares of netflix after reading on both the top and bottom line notice fourth quarter, shares on tack for their largest intraday gain on record. we w
CNBC
Jan 24, 2013 7:00pm EST
it on the people who best can afford it. it worked for president obama, the democrats, like the cbs news political director said is to go for the jugular, to cut the throat to destroy republicans. this is not about achieving a budget or growing jobs. it's about destroying the opposition so they can continue grow the size of the federal government, continue to increase deficits and debt so there's at some point no choice except to continue to raise taxes. >> senator, i'm less interested in this democratic tax budget. i want to ask you a question direct. will the spending sequester the automatic across the board spending cuts sequester go in. if you don't do anything on march 1st as you well know, it goes into place. 1.2 trillion roughly often years, hundred billion this year, to me the public wants lower spending. senator, will they get it? will the gop just say go on ahead dean it? -- ahead and dope it? -- ahead and do it? >> they are hemmed in by the recognize of the democrats again and again. the republicans do not want to cut defense spending. very concerned about what that's going to do. we go
CNBC
Jan 28, 2013 7:00pm EST
to change things. first, i think that this is good enough on policy grounds, putting politics aside to get it done. but if politics enters in, certainly republicans ought to look at november and realize that we've got to do better to broaden our base. >> if president obama in his speech tomorrow -- i have no idea what he's going to say. but if he tries to take credit for it, tries to lord over it, does that help or hurt your coalition? >> it hurts. it hurts, it certainly would poison the well, i think, with a lot of republicans. the truth is over the past four years, the president hasn't done much on this topic, in fact, you know, he talked about comprehensive reform, but he would never get beyond the unions who didn't want a temporary worker plan. so if the president is supportive, that's one thing that's good, but i think that having the senate lead on this is even better, far better. >> why now? bsds besides the election. we're worried about tax reform. jobs and unemployment. this is catapulted to the front of the line. why now do you think? >> well, big items like this. and this is a b
CNBC
Jan 23, 2013 7:00pm EST
they do. now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where staff, including from the state department all participated to try to come up with whatever was going to be made publicly available. >> that of course was secretary of state clinton today on capitol hill saying she had no role in susan rice's false talking points on the benghazi consulate attack. but will we ever find out why ambassador rice denied the terrorist attack and misled the public saying this on "meet the press." >> what happened in benghazi was in fact initially a spontaneous reaction to what had just transpired hours before in cairo. >> and will we ever get a full answer on exactly what happen
CNBC
Jan 28, 2013 5:00pm EST
states. >> mr. blount, how does it fit into the political equal when you see foreign countries making cars in the u.s. how much between a rock and a hard place do you think president obama is there and how much -- is that important at all? >> well, actually, if you want to encourage foreign direct investment in the united states, you ought to be concerned about this. obviously the appropriately valued yen can cause them to place production where their sales occur, like in the united states and other markets. you ought to be concerned if you want to see that sort of foreign direct investment to continue. certainly it has an impact. they're exporting half of their product. that's not a sustainable model unless you do so at the expense of other nations. >> what is an appropriately valued yen? >> well, it should be set by the marketplace. and it shouldn't be set by these efforts to devalue it. really to get a trade advantage, which is what's occurring today. >> okay. governor, we're going to leave it there. appreciate your time. fascinating topic. governor blount. >> i would just say, he'
CNBC
Jan 31, 2013 6:00am EST
for sure. >> you're not going to get political. but it's never in my view been about that. it was about obama care in the first term and about climate change in the second term. and gun control, immigration. it's not about jobs. i don't -- >> two of the biggest industries, auto and it's coming back. housing. residential seems to be coming back. but you look at all the builders had a great report, becky the other day when they were on talking about it. >> it was down for so long so there's going to be a bounce back. no question about it. look three months ago all we were talking about what's happening in washington, how that's going to impact the economy we're talking about the election. and now, you know, if the administration -- and how business feels about it. now everybody forgets about that. it's just looking at numbers and that. you still haven't answered the question, what this administration's going to do to really make business feel good. >> i don't hear about the corporate tax reform anymore. >> that's off the table. so many things fell off the table. >> wait a minute, the fina
Search Results 0 to 6 of about 7